Understanding Hive Blockchain And It's Pillars

in Web3logistics5 months ago (edited)

Hello everyone, welcome to my blog.
Just this evening I was talking with a friend I meet on hive and I was pushed to ask him what is hive? He couldn’t explain, then I discovered that there are a lot of users of hive who don’t really understand what hive blockchain is and the features. In this post I will be share with you what is hive and the features.

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The invention of web3 has birthed a lot of platforms and each of them have their uniqueness, presenting various opportunities to its users. Among this many platforms hive is one of the outstanding web3 blockchain platform that has being thriving and making a lot of waves, one of the platform that has a decentralized nature, enabling its users to create, engage and earn crypto as rewards.

Introduction to Hive

Hive blockchain is a social media platform that is built on the foundation of decentralization and community empowerment, hive origin is from the platform called steem blockchain. The introduction of hive is as a result of the need for decentralization, hive gives opportuinties for content creation of any form, this includes blogging, photography, art and illustration, music and sound, videos and vlogging, gaming, food and culinary arts, travel and experience, health fitness and so many others. And also create opportunities for curators and investors. The general of hive aside from the ones in each communities is no plagiarism

The pillars Of Hive

Decentralization: hive blockchain and has a nature of decentralization, in the sense that each users have full control of their account, this unique structure enables a great level of transparency, reducing the high level of censorship risk and create a sense of belonging among users.

Community engagement:hive as an ecosystem has a lot of vibrate communities, each of this communities has the unique areas of specifications. User are allowed to subscribe freely to any communities of their choice and participate in creating content and interacting with each other through comment, upvote and reblog.

Reward mechanism: hive has a unique way of rewarding it users, every single contribution made on hive is rewarded with crypto depending on the quality engagement of the content, the reward earn on hive is the Hive token and HBD and other second layer token depending on the communities of participation and the tags used.

How to thrive oh hive

1 Originality
2 Quality engagement
3 Using the right tags
4 Join community contest
5 Good and Quality content

Below is the link to a post I made for newbies on how to thrive on hive. Feel free to click and read and make comments.

Link

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